| Scrip code | 544118 |
|---|---|
| NSE Symbol | JSFB |
| MSEI Symbol | NOTLISTED |
| ISIN | INE953L01027 |
| Name of bank | JANA SMALL FINANCE BANK LIMITED |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 06-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 24-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 06-02-2026 12:00:00 |
| End date and time of board meeting | 06-02-2026 15:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not applicable as there is no default | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Interest earned | ||
| Interest or discount on advances or bills | 1,23,231.00 | 3,52,812.00 | |
| Income on investments | 13,355.00 | 36,155.00 | |
| Interest on balances with reserve bank of India and other inter bank funds | 733.00 | 3,878.00 | |
| Others | 1,094.00 | 1,251.00 | |
| Total interest earned | 1,38,413.00 | 3,94,096.00 | |
| 2 | Other income | 24,473.00 | 75,630.00 |
| 3 | Total income | 1,62,886.00 | 4,69,726.00 |
| Expenses | |||
| 4 | Interest expenses | 70,936.00 | 2,05,073.00 |
| 5 | Operating expenses | ||
| (i) | Employees cost | 36,966.00 | 1,07,619.00 |
| (ii) | Details of other operating expenses | ||
| Description of other operating expenses | |||
| 1 | Rent, taxes and lighting | 3,799.00 | 11,012.00 |
| 2 | Printing and stationery | 362.00 | 1,313.00 |
| 3 | Advertisement and publicity | 1,256.00 | 2,543.00 |
| 4 | Depreciation on bank's property | 1,986.00 | 5,484.00 |
| 5 | Director's Fees, allowances and expenses | 55.00 | 163.00 |
| 6 | Auditors' fees and expenses | 54.00 | 188.00 |
| 7 | Law charges | 651.00 | 1,791.00 |
| 8 | Postage, telegram, telephone etc. | 598.00 | 1,534.00 |
| 9 | Repairs and maintenance | 1,416.00 | 3,872.00 |
| 10 | Insurance and Other expenditure | 16,153.00 | 42,771.00 |
| Total other operating Expenses | 26,330.00 | 70,671.00 | |
| Total Operating Expenses | 63,296.00 | 1,78,290.00 | |
| 6 | Total expenditure excluding provisions and contingencies | 1,34,232.00 | 3,83,363.00 |
| 7 | Operating profit before provision and contingencies | 28,654.00 | 86,363.00 |
| 8 | Provisions other than tax and contingencies | 27,684.00 | 67,702.00 |
| 9 | Exceptional items | 0.00 | 0.00 |
| 10 | Total profit (loss) from ordinary activities before tax | 970.00 | 18,661.00 |
| 11 | Provision for Tax | 0.00 | 0.00 |
| 12 | Net profit (loss) from ordinary activities after tax | 970.00 | 18,661.00 |
| 13 | Extraordinary items net of tax expenses | 0.00 | 0.00 |
| 14 | Net profit (loss) for the period | 970.00 | 18,661.00 |
| 15 | Share of profit (loss) of associates | ||
| 16 | Profit (loss) of minority interest | ||
| 17 | Net Profit (loss) after taxes minority interest and share of profit (loss) of associates | 970.00 | 18,661.00 |
| 18 | Details of equity share capital [Abstract] | ||
| Paid-up equity share capital | 10,527.00 | 10,527.00 | |
| Face value of equity share capital | 10 | 10 | |
| 19 | Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) | ||
| 20 | Analytical ratios | ||
| (i) | Percentage of share held by government of India | 0 | 0 |
| (ii) | Capital adequacy ratio | ||
| CET 1 ratio | 17.1900 | 17.1900 | |
| Additional Tier 1 ratio | 0 | 0 | |
| (iii) (a) | Earnings per share before extraordinary items | ||
| Basic earnings per share before extraordinary items | 0.92 | 17.74 | |
| Diluted earnings per share before extraordinary items | 0.92 | 17.66 | |
| (iii) (b) | Earnings per share after extraordinary items | ||
| Basic earnings per share after extraordinary items | 0.92 | 17.74 | |
| Diluted earnings per share after extraordinary items | 0.92 | 17.66 | |
| (iv) | NPA Ratios | ||
| Amount of gross non-performing assets | 82,917.00 | 82,917.00 | |
| Amount of net non-performing assets | 29,485.00 | 29,485.00 | |
| % of gross NPAs | 2.5900 | 2.5900 | |
| % of net NPAs | 0.9400 | 0.9400 | |
| Return on assets | 0.0900 | 0.6200 | |
| 21 | Disclosure of notes on financial results by banks | Textual Information(1) | |
| Textual Information(1) | Notes: 1 The above financial results for the quarter and nine months ended December 31, 2025, have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board of Directors of the Bank have considered and approved the same at its meeting held on February 6, 2026. The above financial results for the quarter and nine months ended December 31, 2025, have been reviewed by the joint statutory auditors, S.R. Batliboi & Associates LLP, Chartered Accountants and Batliboi & Purohit, Chartered Accountants. 2 The Bank has applied its significant accounting policies in the preparation of these financial results for the quarter and nine months ended December 31, 2025 consistent with those followed in the annual financial statements for the year ended March 31, 2025 except for fees paid /received for priority sector lending certificates (PSLC) which was recognised earlier as expense for purchase and income for sale of the PSLC respectively on upfront basis which is now amortised on quarterly basis over the period of the certificate. Accordingly, Bank has recognised PSLC income of RS 18.01 crores and PSLC expense of RS 6.84 crores during this quarter and has recognised PSLC income of RS 54.04 crores and PSLC expense of RS 14.31 crores during the nine months ended and has unamortised PSLC income of RS 18.01 crores and PSLC expense of RS 6.84 crores as on December 31, 2025; accordingly the net profit for the quarter ended is higher by RS 11.17 crores and for the nine months ended is lower by RS 11.17 crores, therefore the amounts for the corresponding period of the previous year are not comparable. 3 These financial results of the Bank have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder, the relevant provisions of the Banking Regulation Act 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (RBI) from time to time and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of the Regulation 33 and 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended including relevant circulars issued by SEBI from time to time. 4 During the quarter and nine months ended December 31, 2025, the Bank has allotted 36,573 and 2,17,167 shares respectively pursuant to exercise of stock options under Employee Stock Option Scheme. 5 Details of loans not in default and stressed loans (NPA and SMA accounts) acquired and transferred during the quarter ended December 31, 2025 as per 'Reserve Bank of India (Small Finance Banks - Financial Statements : Presentation and Disclosures) Directions, 2025' dated November 28, 2025 and as amended thereafter, are given below: a) The Bank has purchased loans not in default during the quarter ended December 31, 2025. (i) Details of loans not in default acquired under assignment during the quarter ended December 31, 2025 Particulars Loans acquired Mode of Transfer Assignment Aggregate principal outstanding of loans acquired(on the date of transfer) (RS in crores) 184.87 Weighted average residual maturity (Years) 0.94 Weighted average holding period of the originator (Years) 1.14 Retention of beneficial economic interest by the originator 10% Tangible security coverage (times)* - *The loans acquired are not rated and there is no tangible security coverage as these are the Non-corporate customers. (ii) The bank has not transferred any loans not in default during the quarter ended December 31, 2025 b) Details of Special Mention Account (SMA) transferred during the quarter ended December 31, 2025 Particulars To ARCs Number of accounts 13,759 Aggregate principal outstanding of loans transferred (on the date of transfer) (RS in crores) 35.48 Weighted average residual tenor of the loans transferred (Years) 0.89 Net book value of the loans transferred (at the time of transfer) (RS in crores) 27.32 Aggregate consideration (RS in crores) 27.97 Additional consideration realized in respect of accounts transferred in earlier years - c) Details of Non-Performing Assets transferred during quarter ended December 31, 2025. Particulars To ARCs Number of accounts 82,656 Aggregate principal outstanding of loans transferred (on the date of transfer) (RS in crores) 369.85 Weighted average residual tenor of the loans transferred (Years) 4.82 Net book value of the loans transferred (at the time of transfer) (RS in crores) 180.19 Aggregate consideration (RS in crores) 193.07 Additional consideration realized in respect of accounts transferred in earlier years - d) Details of ratings of Security Receipts (SRs) outstanding as on December 31, 2025 are given below (RS in crores) Rating Rating Agency Recovery Rating Gross value of outstanding SRs RR1+ Infomerics More than 150% 170.84 RR1 Infomerics 100% to 150% 117.25 RR1 ICRA 100% to 150% 40.00 RR1 Brickwork 100% to 150% 417.60 RR2 Crisil rating 75% to 100% 24.26 In process of getting rated 567.12 Total 1,337.07 e) The Bank has not acquired any stressed loan. 6 Other income includes fees earned from customer services, income from the sale of priority sector lending certificates, profit on the sale of investments (net), Income from ARCs (net), commission income from non fund based banking activities, and recoveries from written off accounts, etc. 7 The Capital adequacy ratio (CAR) is computed in accordance with the RBI Master Direction DOR.CAP.REC.101/21-01-002/2025-26 dated November 28, 2025 and the CAR for the corresponding, previous period is computed on the basis of the applicable RBI guideline on the relevant reporting dates. Further, Pillar III disclosures including leverage ratio, liquidity coverage ratio and net stable funding ratio under the Basel III Framework would be available on the Bank's website at the following link: https://www.jana.bank.in/regulatory-disclosures/. These disclosures have not been subjected to audit/review by the Joint Statutory Auditors. 8 Consolidation of financial statements is not applicable as the Bank does not have any subsidiary/associate/joint venture company(ies), as on December 31, 2025. 9 On November 21, 2025, the Government of India notified four Labour Codes, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the 'New Labour Codes', consolidating 29 existing labour laws. The Ministry of Labour & Employment has published draft Central Rules and FAQs on December 30, 2025, to facilitate assessment of the financial impact arising from these regulatory changes. Accordingly, the Bank has recognised an estimated incremental impact of RS 11.89 crores under 'Employees cost' in the Profit and Loss Account during the quarter and nine months ended December 31, 2025, considering best information available. The Bank continues to monitor the finalisation of Central and State Rules and clarifications from the Government on the New Labour Codes and would provide appropriate accounting effect on the basis of such developments, as needed. 10 The bank does not have any exposure to Project Finance, hence the disclosure as per 'Reserve Bank of India (Small Finance Banks - Financial Statements: Presentation and Disclosures) Directions, 2025' dated November 28, 2025 and as amended thereafter, on Project Finance is not applicable for the quarter ended December 31, 2025. 11 Previous period/year figures have been regrouped / reclassified, wherever necessary to conform with the current period presentation. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Treasury | 37,094.00 | 1,12,692.00 | ||||
| 2 | Corporate/Wholesale Banking | 10,509.00 | 28,878.00 | ||||
| 3 | Digital Banking Units | 121.00 | 343.00 | ||||
| 4 | Other Retail Units | 2,13,877.00 | 6,13,231.00 | ||||
| 5 | Other Banking operations | 1,876.00 | 9,275.00 | ||||
| 6 | Unallocated | 1,095.00 | 1,251.00 | ||||
| Total Segment Revenue | 2,64,572.00 | 7,65,670.00 | |||||
| Less: Inter segment revenue | 1,01,686.00 | 2,95,944.00 | |||||
| Income from operations | 1,62,886.00 | 4,69,726.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Treasury | 3,635.00 | 12,595.00 | ||||
| 2 | Corporate/Wholesale Banking | 570.00 | 891.00 | ||||
| 3 | Digital Banking Units | 41.00 | 106.00 | ||||
| 4 | Other Retail Units | (6,248.00) | (5,456.00) | ||||
| 5 | Other Banking operations | 1,876.00 | 9,275.00 | ||||
| 6 | Unallocated | 1,095.00 | 1,250.00 | ||||
| Total Profit before tax | 969.00 | 18,661.00 | |||||
| i. Finance cost | 0.00 | 0.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 969.00 | 18,661.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Treasury | 10,77,557.00 | 10,77,557.00 | ||||
| 2 | Corporate/Wholesale Banking | 4,24,654.00 | 4,24,654.00 | ||||
| 3 | Digital Banking Units | 1,768.00 | 1,768.00 | ||||
| 4 | Other Retail Units | 27,81,919.00 | 27,81,919.00 | ||||
| 5 | Other Banking operations | 1,941.00 | 1,941.00 | ||||
| 6 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Assets | 42,87,839.00 | 42,87,839.00 | |||||
| Un-allocable Assets | 44,388.00 | 44,388.00 | |||||
| Net Segment Assets | 43,32,227.00 | 43,32,227.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Treasury | 3,92,137.00 | 3,92,137.00 | ||||
| 2 | Corporate/Wholesale Banking | 1,694.00 | 1,694.00 | ||||
| 3 | Digital Banking Units | 847.00 | 847.00 | ||||
| 4 | Other Retail Units | 35,02,394.00 | 35,02,394.00 | ||||
| 5 | Other Banking operations | 395.00 | 395.00 | ||||
| 6 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 38,97,467.00 | 38,97,467.00 | |||||
| Un-allocable Liabilities | 2,186.00 | 2,186.00 | |||||
| Net Segment Liabilities | 38,99,653.00 | 38,99,653.00 | |||||
| Disclosure of notes on segments | Segment Notes: Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, the organisation structure, the internal business reporting system and the guidelines prescribed by the RBI. Digital Banking Segment is reported as a sub-segment of Retail Banking Segment related to Digital Banking Units of the Bank in India. a) Treasury The treasury segment primarily consists of entire investment portfolio of the Bank. b) Retail Banking The retail banking segment serves retail customers through a branch network. Exposures are classified under retail banking taking into account the status of the borrower (orientation criterion), the nature of product, granularity of the exposure and the quantum thereof. Revenues of the retail banking segment are primarily derived from interest and fees earned on retail loans, interest on deposits placed as collateral with banks and financial institutions. Expenses of this segment primarily comprise interest expense on borrowings, deposits, infrastructure and premises expenses for operating the branch network, personnel costs and other direct overheads. c) Wholesale Banking Wholesale Banking includes all advances to companies and statutory bodies, which are not included under Retail Banking. d) Other Banking Operation Other Banking includes other items not attributable to any particular business segment. e) Unallocated All items which are reckoned at an enterprise level are classified under this segment. This includes capital and reserves, and other unallocable assets, liabilities and revenue not identifiable to particular segment such as deferred tax, tax assets, interest on tax refunds etc. | ||||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | M/s. S.R Batliboi & Associates LLP | Yes | 31-07-2027 | ||
|---|---|---|---|---|---|
| 2 | M/s. Batliboi & Purohit | Yes | 30-04-2028 | ||